For Sale
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19378 Central Rd, Apple Valley, CA 92307
Warehouses
Property Size17,600 SF
Lot Size3.36 Acres
Price / SF$272.73
Days on Market1007
Property Features for 19378 Central Rd
General Information
Standard status
Active
Size
17,600 SF
Lot size
3.36 Acres
Property subtype
Industrial
Zoning
IP
Lease Type
NNN
Building Details
Year Built
1987
Year Renovated
2024
Buildings
2
Stories
1
Listing Agency:
Vintage Sotheby's International - Elite Commercial Partners
Listed By:
Carmen Gray · License #02040799
(707) 410-5399
Source:
Crexi
Added: Jan 4, 2024
Changed: Sep 23
Last Checked: Oct 7 at 11:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vintage Sotheby's International - Elite Commercial Partners
Investment Insights
Based on property information with market context.
Key Highlights
- 17,600± SF warehouse space across two free‑standing buildings on 3.36 acres in Apple Valley.
- Scheduled renovations and City‑required upgrades for completion by 2026.
- Zoned Planned Industrial (IP) suitable for distribution, logistics, shop, or warehouse operations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$175,499
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,509,980
$3.5M
Cap Rate 7%
$2,507,129
$2.5M
Cap Rate 9%
$1,949,989
$1.9M
Market Conditions
NOI Build-Up for 17,600 SF
Gross rent
$219.6K $12.48/SF
− Vacancy
−$13.2K −$0.75/SF
EGI
$206.5K $11.73/SF
− OpEx
−$31.0K −$1.76/SF
NOI
$175.5K $9.97/SF
Area
San Bernardino County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,509,980
Cap Rate 7%
$2,507,129
Cap Rate 9%
$1,949,989
Alternative Uses
Best Use
Warehouse
$2.51M
$2.19M – $2.92M
NOI $175,499 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.71M
$3.25M – $4.33M
NOI $259,872 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 92307, CA
41,649
Population
13,832
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
187.5 sq mi
ZIP Area
222
Density / Sq Mi
$74,715
Median Household Income
$39,014
Median Earnings
$1,379
Median Rent
$396,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this warehouse located?
The property is located at 19378 Central Rd Apple Valley, CA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 17,600± SF warehouse space across two free‑standing buildings on 3.36 acres in Apple Valley.; Scheduled renovations and City‑required upgrades for completion by 2026.; Zoned Planned Industrial (IP) suitable for distribution, logistics, shop, or warehouse operations.
